NOT LISTED FOR SALE

3600 S 344th Way Federal Way, WA 98001

Estimated Value: $21,693,174

-- Bed
-- Bath
236,778 Sq Ft
$92/Sq Ft Est. Value

About This Home

This home is located at 3600 S 344th Way, Federal Way, WA 98001 and is currently estimated at $21,693,174, approximately $91 per square foot. 3600 S 344th Way is a home located in King County with nearby schools including Lakeland Elementary School, Sequoyah Middle School, and Todd Beamer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2019
Sold by
Lba Realty Fund Iii Company Xii Llc
Bought by
Federal Way Public School District
Current Estimated Value
$21,693,174

Purchase Details

Closed on
Aug 12, 2015
Sold by
Lba Realty Fund Iii Company Ii Llc
Bought by
Lba Realty Fund Iii Company Xiii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2011
Sold by
Lba Realty Fund Iii Company Vii Llc
Bought by
Lba Realty Fund Iii Company Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,130,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2007
Sold by
Lba Realty Fund Iii Co I Llc
Bought by
Lba Realty Fund Iii Co Vii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000,000
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 10, 2007
Sold by
Devry Inc
Bought by
Lba Realty Fund Iii Co I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000,000
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 23, 2000
Sold by
Chase William J and Chase Jeanette M
Bought by
Devry Inc

Purchase Details

Closed on
May 19, 2000
Sold by
Chase William J and Chase Jeanette M
Bought by
Chase William J and Chase Jeanette M

Purchase Details

Closed on
Dec 27, 1995
Sold by
Puget Western Inc
Bought by
Weyerhaeuser Company

Purchase Details

Closed on
Feb 3, 1992
Sold by
Chase William J and Chase Jeanette M
Bought by
William J & Jeanette M Chase Living Trus
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Federal Way Public School District $13,000,000 Chicago Title Nsc
Lba Realty Fund Iii Company Xiii Llc -- Fidelity
Lba Realty Fund Iii Company Ii Llc -- Fidelity Natio
Lba Realty Fund Iii Co Vii Llc -- Fidelity Natio
Lba Realty Fund Iii Co I Llc $12,350,000 First American
Devry Inc $2,072,666 Transnation Title Insurance
Chase William J -- --
Weyerhaeuser Company $1,900,000 Stewart Title Company
William J & Jeanette M Chase Living Trus -- Transnation Title Insurance
Chase William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lba Realty Fund Iii Company Xiii Llc $36,500,000
Previous Owner Lba Realty Fund Iii Company Ii Llc $65,130,000
Previous Owner Lba Realty Fund Iii Co Vii Llc $150,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,028 $33,922,900 $6,640,700 $27,282,200
2023 $24,983 $34,989,700 $6,640,700 $28,349,000
2022 $22,919 $31,037,700 $5,108,300 $25,929,400
2021 $21,028 $26,882,300 $4,597,400 $22,284,900
2020 $10 $0 $0 $0
2018 $215,022 $0 $0 $0
Source: Public Records

Map

Washington King County Federal Way 98001

3600 S 344th Way, Federal Way, WA

This home is located at 3600 S 344th Way, Federal Way, WA 98001 and is currently estimated at $21,693,174, approximately $91 per square foot. 3600 S 344th Way is a home located in King County with nearby schools including Lakeland Elementary School, Sequoyah Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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